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BOE Expects to Be Able to Cut Rates Further
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England cut interest rates on Thursday as the outlook for economic growth dims, taking a different path from the Federal Reserve.The U.K. central bank lowered its key rate to 4.5% from 4.75%,
FTSE 100 Live: Bailey Says BOE Expects to Be Able to Cut Rates Further
Governor Andrew Bailey says the BOE will take a “gradual and careful” approach to cutting rates Join the Markets Today team -- Sam Unsted, Morwenna Coniam, Nick Bartlett and Dave Goodman -- for news and analysis vital to UK markets. Email us at
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Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a bias towards a larger cut suggests MPC members do not accept the hawkish message in the forecasts.
18h
AMERICAS Bonds defused, stocks bounce, BoE cut expected
Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.
9h
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
1d
Gold Dealers Sell BOE Bullion at Discount in Tariff Turmoil
Gold in the Bank of England vault is trading at a discount to the wider market, as fears over potential Trump tariffs spark a ...
15h
on MSN
Pound slides as stagflation puts BoE on deeper cutting path
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
20h
on MSN
European Shares Near Record High Following Robust Earnings; BoE Rate Decision Awaited
(Reuters) - European shares hovered near a record high on Thursday, buoyed by a raft of upbeat earnings, including drugmaker ...
5h
on MSN
Kanawha BOE names new superintendent
The Kanawha Board of Education said, “After conducting a thorough search and interviewing two well qualified candidates, the ...
13h
on MSN
US shares firm as tech earnings loom, BoE cut bruises sterling
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
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